#BitcoinMining

Using Your Tesla to Mine Bitcoin is a No-Go

As I type this, it’s been less than 24 hours since Tesla announced v.9 of their Full Self Driving Beta. Full Self Driving, as the name implies, claims to use advanced artificial intelligence software along with a whole host of sensor arrays and digital inputs to get you and your passengers from point A to point B with minimal input – if any.

Tesla’s bombastic ring leader, Elon Musk, has called this latest version of his autonomous tech “mind-blowing”, and has touted the computing power of Tesla’s “Full Self Driving Chip” as the key to making all this possible. Since that chip’s reveal in 2019, however, Musk has become almost as famous as a pitch-man for cryptocurrencies on Saturday Night Live as he already was as a carmaker, which begs the question: could your Tesla really pay for itself mining for crypto?

Jo Borras Jul 12, 2021

Recent Comments

RHD The analyses above are on the nose.It's a hell of a good car, but the mileage is reaching the point where things that should have worn out a long time ago, and didn't, will, such as the alternator, starter, exhaust system, PS pump, and so on. The interiors tend to be the first thing to show wear, other than the tires, of course. The price is too high for a car that probably has less than a hundred thousand miles left in it without major repairs. A complete inspection is warranted, of course, and then a lower offer based on what it needs. Ten grand for any 18-year-old car is a pretty good chunk of change. It would be a very enjoyable, ride, though.
Fred I would get the Acura RDX, to replace my Honda HR-V. Both it and the CRV seats are uncomfortable on longer trips.
RHD Now that the negative Nellies have chimed in...A reasonably priced electric car would be a huge hit. There has to be an easy way to plug it in at home, in addition to the obvious relatively trickle charge via an extension cord. Price it under 30K, preferably under 25K, with a 200 mile range and you have a hit on your hands. This would be perfect for a teenager going to high school or a medium-range commuter. Imagine something like a Kia Soul, Ford Ranger, Honda CR-V, Chevy Malibu or even a Civic that costs a small fraction to fuel up compared to gasoline. Imagine not having to pay your wife's Chevron card bill every month (then try to get her off of Starbuck's and mani-pedi habits). One car is not the solution to every case imaginable. But would it be a market success? Abso-friggin-lutely. And TTAC missed today's announcement of the new Mini Aceman, which, unfortunately, will be sold only in China. It's an EV, so it's relevant to this particular article/question.
Ajla It would. Although if future EVs prove relatively indifferent to prior owner habits that makes me more likely to go used.
28-Cars-Later One of the biggest reasons not to purchase an EV that I hear is...that they just all around suck for almost every use case imaginable.

Car Reviews By Make

view all

Top stories

Using Your Tesla to Mine Bitcoin is a No-Go

Latest Car Reviews

Drive Notes: 2024 Ford Maverick Hybrid XLT

2024 Hyundai Elantra N Review – Tightening Up

2025 Hyundai Ioniq 5 N Review – Shockingly Spicy

Drive Notes: 2024 Kia Telluride SX-Prestige X-Line

Drive Notes: 2024 Nissan Versa SR

Drive Notes: 2024 BMW i5 M60 xDrive

Drive Notes: 2023 Ford F-150 Tremor

Latest Product Reviews

Best Amazon Prime Day Deals for TTAC Readers

TTAC Video of the Week: Looking Back on NASCAR Invading LeMans

Here’s How To Get the Best Deal on Winter Tires Right Now

Best Power Inverters for Your Car: Plugging Away

Best Sunshades for the Car: Where the Sun Don't Shine

Recent Comments

Car Reviews By Make